Honeywell to Acquire Johnson Matthey's Catalyst Technologies Business for £1.8 Billion in Strategic Expansion

Reuters
22 May
Honeywell to Acquire Johnson Matthey's Catalyst Technologies Business for £1.8 Billion in Strategic Expansion

Honeywell International Inc. has announced its agreement to acquire Johnson Matthey's Catalyst Technologies business segment for £1.8 billion in an all-cash transaction. This acquisition is expected to close by the first half of 2026, pending customary closing conditions and regulatory approvals. The transaction is anticipated to be accretive to Honeywell's adjusted earnings per share in the first full year of ownership and will integrate Johnson Matthey's Catalyst Technologies with Honeywell's Energy and Sustainability Solutions business. This strategic move aims to enhance Honeywell's portfolio with high growth vectors and material cost synergies, further strengthening its position as a leader in energy technology solutions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Honeywell International Incorporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY94029) on May 22, 2025, and is solely responsible for the information contained therein.

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